Osteopathic school budget

[DaveinDallas]

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Ok, so here's a question I haven't seen....

What's the average budget for osteopathic school per award year (usually 2 semesters)?

I had investigated chiropractic school before deciding on osteopathy and their budget turned out to be like $1750.00 per month from student loans. If you were married, they expected your spouse to work. All told, the debt load was something like $150K just to get through school.

If we have to move away from our support structure, that means we'll have to account for daycare if my wife is working. I've heard OSUCOM has some married student housing but haven't investigated it.

Anyone know what the monthly budget is for osteopathic school?

 

[Robz]

Ok, so here's a question I haven't seen....

What's the average budget for osteopathic school per award year (usually 2 semesters)?

I had investigated chiropractic school before deciding on osteopathy and their budget turned out to be like $1750.00 per month from student loans. If you were married, they expected your spouse to work. All told, the debt load was something like $150K just to get through school.

If we have to move away from our support structure, that means we'll have to account for daycare if my wife is working. I've heard OSUCOM has some married student housing but haven't investigated it.

Anyone know what the monthly budget is for osteopathic school?

Honestly, it depends on the school. Each school has its own tuition and its own financial department that makes up what their budget is suppose to be.

Like for NSUCOM there are two main budgets one for in state and one for out of state. They break it down into tuition, living expenses, and yadda yadda. To give you an idea the out of state tuition is 28K and the total loans you can withdraw is 52K. There are some extra allowances for married couples and those with children as well, I believe. So in effect your living on 24K a year without an extra source of income (i.e wife working). For a single 24K seems semi cool but I am already noticing my money stores starting to suck too. It can be done but your going to live like a king...

Oh, and just for fun, since you mentioned it, I have a ex starting chiropractic school this summer and her tuition in 20K a year and her loans are high...(not nearly as high as mine are going to be though) I wanna say she'll be near 100k-150k in debt where I will be more toward 200K in debt. So, medical school is a little bit more expensive to go though...since its like a year longer and in addition has residencies that interest just grows during.

I think you made a great decision in going to medical school as it is going to be tough as hell but in the end very a rewarding field in emotional, monetary, and respectful aspects. 🙂

 

[Robz]

Also, here is a link to a post that I put the NSUCOM 2004 budgets on.

http://forums.studentdoctor.net/showpost.php?p=1507331&postcount=284

 

[OrthoFixation]

School budgets are based on tuition, fees, books, etc plus living expenses. Living expenses can vary widely from San Jose, CA to Tulsa, OK. That's why each school is a little different. Not to mention, different school related costs. For OK and TX, it looks to me like you will have about $18K left over to sustain yourself. I have seen the budgets and had MSs tell me the same. More can be arranged through private loans.

Don't forget that some budgets are not for a full 12 months, depending on the length of that particular year.